EBRD poured €4.1 billion into green financing in 2017

The European Bank for Reconstruction and Development drastically increased its climate financing last year, with the €4.1 billion invested in the green economy representing 43% of the bank’s entire activity last year.

Jordan Water Authority launches tender process for two PV projects totaling 30 MW

The authority has issued two invitations for the prequalification of two solar projects, with a capacity of 6 MW and 24 MW, respectively, that are planned to be built at two water stations.

Harvesting energy from ‘hot’ electrons could boost perovskite efficiency

Scientists from the University of Groningen have discovered a tin-based perovskite material in which electrons retain high energy levels for much longer than previously. This discovery could allow for the creation of very high efficiency perovskite cells, by eliminating a large portion of energy loss through heat.

Senegal commissions another 30 MW solar park

The Ten Merina solar facility was built by Engie’s subsidiary, Solairedirect. The project was financed by French investment firm, Meridiam and Proparco.

German scientists claim inhomogeneous perovskite films are highly functional

Contrary to common belief, holes in perovskite films may not always negatively affect the performance of perovskite-based solar cells, according to recent research from the Helmholtz Zentrum Berlin (HZB).

Saudi Arabia to tender seven PV projects totaling 3.3 GW in 2018

The launch of the series of tenders was confirmed to pv magazine by Turki Mohammed Al Shehri, the head of the Saudi Renewable Energy Project Development Office.


Seasonal patterns show a need for more solar in the U.S. electricity mix

An abundance of hydroelectric power and wind is pushing up renewable energy in the spring months, but there is a need for more power during the summer peak, as well as issues with the geographic location of resources.

China drags global clean energy investment to $333.5bn in 2017, finds BNEF

Despite approximate 25% fall in solar costs per MWh against 2015, last year saw more than $333 billion invested in clean energy, with global solar deployment figures topping 53 GW, finds new Bloomberg New Energy Finance report.

Fotowatio to build large-scale hybrid wind-solar facility in Chile

The project was selected by the Chilean government in November’s renewable energy auction.

Masdar, EDF sign MOU to develop sub-Saharan Africa’s off-grid sector

A Memorandum of Understanding (MOU) has been signed by Masdar, the Abu Dhabi Future Energy Company, and EDF SA, the parent company of the EDF Group, to develop off-grid projects in sub-Saharan African countries.